secwatch.observer — SEC 8-K summary
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Issuer:     AtlasClear Holdings, Inc. (ATCH)
CIK:        0001963088
Form:       8-K/A
Filed at:   2024-04-01T23:59:59+00:00
Accession:  0001104659-24-041315
Event type: other_material
Sentiment:  negative
Materiality: 0.65
Item codes: 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Wilson-Davis posts Q1 FY2024 net loss of $290K; AtlasClear files pro forma combined statements
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- Wilson-Davis revenue of $1.83M, down 13% YoY from $2.11M; net loss deepened to $290K from $194K.
- FINRA short-selling/AML case remanded for reconsideration of fines; contingent liability booked at $100K.
- Pro forma combined entity shows negative stockholders' equity of $2.0M as of Sep 30, 2023.
- Wilson-Davis net capital of $9.40M exceeded $250K minimum by $9.15M as of Sep 30, 2023.
- Cash used in operations was $5.21M for the three months ended Sep 30, 2023, vs $8.90M in prior year.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1963088/000110465924041315/0001104659-24-041315-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1963088/000110465924041315/tm249562d1_8ka.htm
  HTML page:      https://secwatch.observer/filing/0001104659-24-041315

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